About Fuquay-Varina, North Carolina 

Initially, people journeyed to the picturesque municipality now known as Fuquay-Varina in search of the therapeutic properties of the Fuquay Mineral Spring. The modern town, which is only 15 minutes south of Raleigh, has developed into a thriving, family-friendly community. Fuquay-Varina is a great place to call home with two lovely downtown areas, an abundance of character, a rich history, and plenty to do and see.

Fuquay-Varina is consistently ranked as one of the best places to live in North Carolina. In fact, Fuquay-Varina was named in 2022 the 8th best place to buy a house in the Raleigh area by Niche.com.

Are you thinking of moving to Fuquay-Varina, NC? If so, you probably have questions about the Fuquay-Varina real estate market. Here are some answers to some of the most common questions about the local real estate.

What is the average price of a home in Fuquay-Varina, NC?

The Fuquay-Varina real estate market is competitive, with median prices up 30% year-over-year as of April 2022. However, there are still many deals to be found. With a little bit of research and patience, you should be able to find a great deal on a new home here.

The median price of a home in Fuquay-Varina was $442,500 in June 2022, with 368 homes for sale. However, prices can vary depending on the specific neighborhood and type of home you prefer.

The most affordable listing was $15,000 for a vacant residential lot almost a half-acre in size. The most expensive was $1,550,000 for a four-bedroom, 6.5-bathroom, 8,152 sq ft waterfront home on one acre.

Are there any condos or townhomes available in Fuquay-Varina, NC? 

Fuquay-Varina offers a variety of housing options to fit any budget, including condos and townhomes. Many new developments are increasing the available options in this market segment.

The median price of a condo or townhome in Fuquay-Varina was $340,000 as of April 2022. However, prices can vary depending on the size and location of the unit.

The most affordable listing was $275,000 for a new construction condo with one bedroom, one bathroom, and 740 sq ft. The most expensive listing was a new construction townhome for sale at $420,000 with three bedrooms, 3.5 bathrooms, and 2,230 sq ft.

Some places you can look for condos and townhomes are: The Q Condominium, Parker, Spring Hill, Eagle Springs, Stephenson, and Buckhaven.

What is the property tax rate for Fuquay-Varina, NC?

The property tax rate in Fuquay-Varina was $0.395 per $100 of assessed property value in 2021-2022. Wake County charged $0.60 per $100 for a combined property tax of $0.995, a relatively low amount for North Carolina.

Wake County revalues properties every four years. The next property valuation will be in 2024. Property taxes are due on July 1 each year.

What county is Fuquay-Varina, NC in?

Fuquay-Varina is in southern Wake County, a region renowned for its quality of life, highly rated schools, and proximity to North Carolina’s capital city, Raleigh. The county is part of the Triangle region, which is consistently ranked as one of the best places to live and work in the country. The Triangle region includes Raleigh, Durham, Chapel Hill, and other smaller cities.

Wake County’s amenities include over 200 parks, the NC Museum of Art, and the Carolina Hurricanes NHL team. Local universities include NC State and Duke University.

The high quality of life here is because residents have access to great schools, parks and recreational facilities, and countless shopping and dining options.

Is Fuquay-Varina, NC, growing?

Fuquay-Varina’s population has been increasing in recent years and is now estimated to be over 34,000. According to the US Census, the population doubled between 2010 and 2020. The annual growth rate is an estimated 7.6%. The town estimates a population of over 37,000 by 2025.

The town has experienced a population boom as people are drawn to the area for its affordable housing, quality of life, and proximity to Raleigh.

What neighborhoods are in Fuquay-Varina, NC?

Fuquay-Varina has a variety of neighborhoods to choose from, each with its unique character. Some of the most popular Fuquay-Varina neighborhoods include:

Downtown Fuquay: One of the two historic downtown districts available to residents. Fuquay Mineral Spring Park and the Fuquay-Varina Museum are located here. There are townhomes, condos, and single-family housing options that place residents near the downtown shopping and dining amenities.

Broad Street: This suburban area, including James Slaughter St, is lively and pedestrian-friendly, being close to Main St and the downtown area. Fuquay-Varina High School is inside this neighborhood.

Sunset Lake: A neighborhood near Holly Springs with a privately owned lake, beach, and clubhouse. There are also walking trails and a playground. Housing options include waterfront single-family homes.

Heritage Pointe: A golf course community with a swimming pool, tennis courts, and a clubhouse. Housing options include single-family homes, townhomes, and condos.

Stephens Creek: A newer neighborhood with a swimming pool, playground, and walking trails. Housing options include single-family homes and townhomes.

Phillips Pointe: This is a smaller Fuquay-Varina neighborhood with less than 1,000 residents. It is next to Fuquay-Varina Middle School and only a few minutes away from Fuquay-Varina Downtown.

High Grove: You’ll see a lot of luxury houses in High Grove with large lawns and plenty of seclusion. The quiet suburb is near Wake Tech Community College.

With so much growth, there’s a lot of new construction happening in and around the town. In early 2022, there were 67 new residential development projects in the works.

Based on June 2022 list prices, the most expensive neighborhoods were High Grove, Sunset Bluffs, Oak Creek, and Sunset Lake. The most affordable were Wexford, Victoria Hills, and Sexton Place. In June 2022, Bent Tree, Meadowbrook, Meadow Bluffs, South Lakes, and Stonecreek had the most available listings.

These are just a few of the many great Fuquay-Varina neighborhoods. With so many options, a local real estate agent can help narrow down your options.

Are there any waterfront properties found in Fuquay-Varina, NC? 

Fuquay-Varina is home to several lakes, including Fuquay Lake, Holly Springs Lake, and Sunset Lake. Various creeks and ponds located throughout the town add to your waterfront options.

Expansive waterfront properties in Fuquay-Varina are typically on the higher end of the market, but you can find affordable water views of the various ponds in the area. Some areas you can look at are Sunset Lakes, South Lakes, and Coley Farms.

How is golf in Fuquay-Varina, NC?

Fuquay-Varina is home to Bentwinds Country Club, a golf course that has been consistently rated 4.5 stars by Golf Advisor. Bentwinds was developed on fertile farm fields with tall pines and oaks. Kris Spence led a major renovation in 2005 and 2006, reshaping the greens, bunkers, and fairways. Six tees are available for play.

Nearby in Holly Springs are Devils Ridge Golf Course and 12 Oaks. Devils Ridge is challenging with elevation changes, while 12 Oaks is a links-style course.

Are there golf course communities in Fuquay-Varina, NC? 

Bentwinds has a lovely community with golf course homes. This neighborhood with a beautiful lake and country club is in an ideal spot close to Sunset Lake Road and Main Street. The country club facilities include a pool and tennis courts.

What areas are near Fuquay-Varina, NC?

Fuquay-Varina is a town located in Wake County, North Carolina. The town is situated just 18 miles south of Raleigh.

Nearby is Holly Springs, another fast-growing suburb with many new construction homes and a family-friendly atmosphere. Holly Springs is a destination for shopping, dining, and entertainment.

You’re also close to the Research Triangle Park, home to many high-tech, bio-science, and cutting-edge companies. The park offers many job opportunities and access to recreation and cultural amenities.

Apex is a neighboring town, highly ranked by independent sources, with a quaint downtown area and plenty of shopping and dining options.

To the west is Harris Lake, a man-made lake with a beach and picnic areas. Fuquay-Varina is also near Jordan Lake, offering more boating, fishing, camping, and hiking opportunities.

Raven Rock State Park is another popular spot for nature enthusiasts, with hiking trails and a scenic waterfall.

What is the cost of living in Fuquay-Varina?

The cost of living in Fuquay-Varina is relatively affordable, with an index score 1.6% higher than the national average. Housing costs are 9% higher than the national average, but healthcare, utilities, and miscellaneous costs are below the average.

What to know about living in Fuquay-Varina, NC

Fuquay-Varina is a great place to live if you’re looking for a small-town feel with easy access to the amenities of a big city. With two historic downtown areas, the town offers plenty of shopping, dining, entertainment options, and access to outdoor recreation.

Fuquay-Varina has a thriving art scene, award-winning breweries, historical festivals, and distinctive cuisine and shopping. You can find something for everyone in this growing town.

If you’re looking at living in Fuquay-Varina, contact a local real estate agent to find the right Fuquay-Varina neighborhood for you.